Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
A Reddit post by a 35-year-old homebuyer in Gurugram, claiming strong gains from a flat purchase, has triggered a broader debate on whether apartments truly create wealth or merely offer lifestyle security. A Reddit post by a 35-year-old Gurugram homebuyer claiming gains from a flat purchase has sparked debate on whether apartments build wealth or […]
Karnataka Real Estate Regulatory Authority (KRERA) has pulled up Bengaluru-based real estate developer for failing to provide a homebuyer with their khata document for the apartment within two months as promised in the agreement. KRERA has pulled up a Bengaluru developer for failing to issue a homebuyer’s khata within the promised two months. (Representational Image) […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) stayed in focus through 2025 with a series of buyer-centric interventions. The year marked the first full calendar year under Chairman Manoj Saunik, who assumed office in September 2024. MahaRERA update: The Maharashtra Real Estate Regulatory Authority stayed in focus through 2025 with a series of homebuyer-centric interventions. […]
The Maharashtra Real Estate Appellate Tribunal (MREAT), while directing a developer to refund more than ₹2 crore to a homebuyer for delayed possession, held that buyers cannot seek a refund of GST, stamp duty, registration fees, TDS, MVAT, or similar government levies from developers. Delayed possession: The Maharashtra Real Estate Appellate Tribunal ruled that homebuyers […]
In the Mumbai real estate market’s mid and luxury segment, homebuyers are increasingly valuing premium views, whether that is a sea-facing, sea view or forest view apartment. While many developers promote the project, leveraging the views as a key selling point, netizens on social media opine that the sea view and forest view often become […]
Mumbai-based Rahul Saraf purchased a home in March 2024 with a home loan of ₹50 lakh and he is living in it. The total pre-construction interest paid was ₹5 lakh. According to Section 24(b), Rahul must claim it in five equal installments of ₹1 lakh each over five years, starting from possession. In the first […]
The Karnataka Real Estate Regulatory Authority (KRERA) has directed Bengaluru-based developer Golden Gates Properties Ltd to pay ₹1.08 crore in delayed interest to a homebuyer for failing to deliver possession of an apartment in Presidential Tower, one of Bengaluru’s tallest residential projects, standing 161 metres high with 50 storeys. The Karnataka Real Estate Regulatory Authority […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has held that a developer cannot forfeit the entire amount paid by a buyer if the agreement for sale has not been executed and the booking is later cancelled. The MahaRERA clarified that in such cases, the developer can deduct only 2% of the flat’s cost as cancellation […]
